Contango Silver & Gold Inc. · AMEX:CTGO
Contango Silver & Gold — Contango ORE — Anchorage Economic Development Corporation Presentation (August 2021)
29 slides from Contango Silver & Gold's conference presentation, Aug 12, 2021
Slide 1: Anchorage Economic Development Corporation Presentation August 11, 2021
Anchorage Economic Development Corporation Presentation August 11, 2021
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This presentation contains forward-looking statements regarding CORE that are intended to be covered by the safe harbor "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on CORE’s current expectations and includes statement
Slide 3: Non-GAAP Measures and Cautionary Note on Resources
NON-GAAP MEASURES The Preliminary Economic Assessment (“PEA”) referenced herein was prepared in accordance with Canadian National Instrument 43-101 (NI 43-101). CORE is not subject to regulation by Canadian regulatory authorities and no Canadian regulatory authority has reviewed the PEA or passed up
Slide 4: Mining and Minerals Exploration in Alaska
4 6 large scale mines6 Advanced Development Stage ProjectsOver 50 ACTIVE Exploration Stage Projects>$500,000 in 2021Over 150 active placer miners producing ~ 50,000 ounces in 2020Numerous Sand and Gravels operations around the State to support construction and road projects Mining and Minerals Explo
Slide 5: Large Scale Mining in Alaska
5 Red Dog MineUsibelliFort KnoxPogoKensingtonGreens Creek Large Scale Mining in Alaska
Slide 6: 6 Development Stage Projects in Alaska
6 Donlin Gold – 40 Million OunceBarrick Gold – NovaGold JVAmbler Metals Feasibility Study on Arctic Copper-Zinc-Lead-Gold-Silver depositLarge district being explored by South32-Trilogy JV and Valhalla Metals (Private)Manh Choh Gold-Silver - +1 Million OunceKinross-ContangoOre JV on Tetlin Tribal Lan
Slide 7: Exploration Stage Projects in Alaska
7 Over 50 Exploration Stage projects ACTIVE in Alaska searching for: Copper, Lead, Zinc, Gold, Silver, Tin, Graphite, Rare Earths$160 Million Projected Expenditures in 2021 Exploration Stage Projects in Alaska
Slide 8: Exploration Stage Projects in Alaska
8 Over 50 Exploration Stage projects ACTIVE in Alaska searching for: Copper, Lead, Zinc, Gold, Silver, Tin, Graphite, Rare Earths$160 Million Projected Expenditures in 2021 Exploration Stage Projects in Alaska
Slide 9: Mining and Minerals Exploration in Alaska Statistics
9 Mining and Minerals Exploration in Alaska Statistics for 2020 ~10,000 Direct and Contractor Jobs for 90 communities throughout AlaskaAverage Salary is >$100,000$600 Million Expended on Exploration and Development : US – CANDA – AUSTRALIA-JAPAN$1.9 Billion Export Value (38% of Alaska exports)During
Slide 10: Manh Choh Gold Deposit
Manh Choh Gold Deposit1.3 Moz Gold – Measured plus Indicated Resources1Average grade = 4g/t Gold*Located in Alaska on the Alaska HwyOn Private Land Owned by the Tetlin Alaska Native TribeBusiness Partnership with Kinross - Using the Fort Knox Milling Facilities Lower capital costs, Smaller Environ
Slide 11: Corporate Overview
CORPORATE OVERVIEW Traded on OTCQB – Pursuing listing on NYSE American6.67 Million Shares Outstanding6.77 Million Shares Fully Diluted100,000 OptionsNo Warrants and No Debt~ $US36 Million Cash Contango Owns 30% of Peak JV; Kinross Owns 70% and is OperatorContango Owns 100% on adjacent 160,000 acres
Slide 12: Manh Choh Gold Project
12 MANH CHOH GOLD PROJECT Well EstablishedTetlin Relationship and Project Facilities
Slide 13: Near-Term Production Potential & Excellent Exploration Upside
NEAR-TERM PRODUCTION POTENTIAL & EXCELLENT EXPLORATION UPSIDE 13 MANH CHOH GOLD PROJECT OTCQB:CTGO In September 2020 entered into 70/30 JV agreement with Kinross (Operator) to form new Peak Gold LLC, with Royal Gold and Tetlin Tribe retaining royalty interests;Plan is to mine Manh Choh Gold Ore, the
Slide 14: Manh Choh Gold Project: Anticipated Economics
MANH CHOH GOLD PROJECT: Anticipated Economics Using existing infrastructure, the Peak Gold LLC is planning on a a 2024 start dateCapital Costs - Existing infrastructure expected to reduce total capital requirements to ~US$110 million – Recently revised to a range of $105 to $130 million based on rec
Slide 15: Health and Safety Manh Choh Project
15 Health and Safety Manh Choh ProjectZero LTIs
Slide 16: Hiring and Training Local Residents
Hiring and Training Local Residents 16
Slide 17: Community Meetings
Community Meetings - Tetlin Village TokTanacrossNorthwayMentasta LakeDelta JunctionFairbanks Fox Tanana Chiefs ConferenceDoyon Alaska Chamber & AMA
Slide 18: Manh Choh Gold Project Location
The project is located 15 km (10 mi) from the Alaska Hwy and 400 km (250 mi) to the Fort Knox Milling Complex 18 MANH CHOH GOLD PROJECT LOCATION PEAK DEPOSIT Image used with permission from Kinross
Slide 19: Peak Gold JV Project Highlights
PEAK GOLD JV 19 Processing ore from the Peak Gold Project at Fort Knox avoids mill construction and is expected to decrease execution risk, lower capital expenditures, drive attractive returns, and reduce the project’s environmental footprint and permitting requirements.Leverages Fort Knox’s success
Slide 20: Manh Choh Gold Project Winter Drilling
MANH CHOH GOLD PROJECT Winter Drilling 20
Slide 21: Manh Choh Gold Project 2021 Budget
21 MANH CHOH GOLD PROJECT 2021 Budget: $19 Million In-fill drilling to upgrade Resources from Indicated to Measured and Inferred to Indicated Categories – Reserves with FSCondemnation drill – Placement of FacilitiesMetallurgy – Completed, Testing UnderwayHydrology – Water Management PlanIn-pit Geote
Slide 22: Simple Development Plan
22 MANH CHOH GOLD PROJECT Simple Development Plan Two Open Pits with Development Rock /Waste materials adjacent to pitsNo Mill No Tailings FacilityEngineering and Environmental Studies to Support Feasibility Study and Permitting are UnderwayTarget early construction to start in the summer of 2022 an
Slide 23: Lower Risk & Reduced Timeline to Production Decision
23 LOWER RISK & REDUCED TIMELINE TO PRODUCTION DECISION DRILLING SCOPING STUDY PERMITTING & FEASIBILITY PRODUCTION DETAILED DESIGN PROCURMENTCONSTRUCTION $19 million Program in 2021: Resource In-fill, Hydrology, Geotechnical, Metallurgical Engineering; Environment and Community OutreachWith ~$2 mill
Slide 24: Shamrock Property
24 Shamrock 100% Owned SHAMROCK PROPERTY
Slide 25: Asset Summary
ASSET SUMMARY 25 Peak Gold Project~(675,000 Acres) State Claims(~160,000 Acres) Contango is a 30% owner of the Peak Gold JV with Kinross owning the remaining 70% and acting as project operatorThe Manh Choh project consists of a ~675,000 acres land package and ~13,423 acres of State Mining ClaimsCont
Slide 26: Developing Alaska's Next Gold Mine in Partnership with Kinross
26 Partnered with Proven OperatorPlan to truck ore to Fort Knox mill simplifies permitting and executionKinross has proven operating experience in Alaska further reducing riskThe plan lowers the required capital and shortens timelines to production by leveraging existing infrastructureHigh grade ope
Slide 27: Thank You
27 THANK YOU
Slide 28: Corporate Inquiries
Corporate Inquires:info@contangoore.com+1-778-386-6227www.contangoore.com OTCQB:CTGO Twitter: @orecontangoLinkedIn: Contango OREInstagram: ContangoOREFacebook: Contango ORE
Slide 29: Non-GAAP Forward-Looking Estimates Note
This presentation contains forward looking estimates of all-in sustaining cost (“AISC”), resources and EBITDA, which are a financial measure not determined in accordance with United States generally accepted accounting principles (“GAAP”). We cannot provide a reconciliation of estimated AISC, resour
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